Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Mar. 31, 2017
Current Assets
Cash and cash equivalents	$ 322,529	$ 611,048
Accounts receivable — net of allowance for doubtful accounts of $302,855 and $302,275 at September 30 and March 31, 2017, respectively	10,735,309	11,460,432
Inventories— net of allowance for obsolete and slow moving inventory of $348,010 and $312,711 at September 30 and March 31, 2017, respectively	34,178,071	29,801,080
Prepaid expenses and other current assets	4,092,001	3,674,923
Total Current Assets	49,327,910	45,547,483
Equipment — net	832,407	909,780
Intangible assets — net of accumulated amortization of $8,258,613 and $8,035,018 at September 30 and March 31, 2017, respectively	6,186,000	6,387,330
Goodwill	496,226	496,226
Investment in non-consolidated affiliate, at equity	797,691	570,097
Restricted cash	366,420	331,455
Other assets	103,877	99,773
Total Assets	58,110,531	54,342,144
Current Liabilities
Accounts payable	11,730,622	7,549,942
Accrued expenses	3,396,087	4,668,708
Due to shareholders and affiliates	2,459,762	2,158,318
Total Current Liabilities	17,586,471	14,376,968
Long-Term Liabilities
Credit facility, net (including $369,131 and $412,269 of related-party participation at September 30 and March 31, 2017, respectively)	12,848,829	13,033,075
Note payable – 11% Subordinated note	20,000,000	20,000,000
Notes payable – 5% Convertible notes (including $1,100,000 of related party participation at September 30 and March 31, 2017)	1,650,000	1,675,000
Notes payable – GCP Note	216,869	211,580
Deferred tax liability	559,436	558,766
Other	20,666	20,666
Total Liabilities	52,882,271	49,876,055
Commitments and Contingencies (Note 11)
Equity
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued and outstanding at September 30 and March 31, 2017
Common stock, $.01 par value, 300,000,000 shares authorized at September 30 and March 31, 2017, 164,305,883 and 162,945,805 shares issued and outstanding at September 30 and March 31, 2017, respectively	1,643,059	1,629,458
Additional paid-in capital	152,062,967	150,889,613
Accumulated deficit	(149,171,900)	(148,223,822)
Accumulated other comprehensive loss	(2,148,860)	(2,308,672)
Total controlling shareholders’ equity	2,385,266	1,986,577
Noncontrolling interests	2,842,994	2,479,512
Total Equity	5,228,260	4,466,089
Total Liabilities and Equity	$ 58,110,531	$ 54,342,144

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.